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United Therapeutics (UTHR) investor relations material

United Therapeutics Study Update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Study Update summary28 Sep, 2025

Study design and population

  • Phase 3 TETON-2 was a randomized, placebo-controlled trial evaluating inhaled treprostinil in patients with idiopathic pulmonary fibrosis (IPF), with 298 in the treatment group and 295 in placebo.

  • Primary endpoint was change in absolute forced vital capacity (FVC) from baseline to week 52; secondary endpoints included time to clinical worsening, acute exacerbation, overall survival, percent predicted FVC, KBILD, and DLCO.

  • Key inclusion criteria: age 40+, FVC ≥45% predicted, confirmed IPF diagnosis, and stable background therapy if applicable.

  • Baseline characteristics were balanced between groups, with mean age ~72 years and similar distribution of background therapies.

Efficacy results

  • The primary endpoint was met: inhaled treprostinil showed a placebo-corrected median treatment effect of 95.6 mL improvement in FVC at week 52 (95% CI, 52.2–139.0; P<0.0001).

  • Statistically significant improvements were observed in several secondary endpoints, including time to first clinical worsening (HR 0.71, P=0.0190), percent predicted FVC (2.7% difference, P<0.0001), KBILD (2.29 point difference, P=0.0124), and DLCO (1.91% difference, P=0.0416).

  • Subgroup analyses showed consistent FVC benefit across background therapies (nintedanib, pirfenidone, or none) and demographic groups.

Safety and tolerability

  • Inhaled treprostinil was well tolerated, with a safety profile consistent with previous studies and known prostacyclin-related adverse events.

  • Most common adverse events included cough (48.3%), headache (24.1%), and diarrhea (19.8%).

  • Serious adverse events and deaths were similar between groups; 3.4% of patients in the treatment group had AEs leading to death versus 2.0% in placebo.

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Frequently asked questions

United Therapeutics Corporation is a biotechnology company specializing in the development and commercialization of therapies to address chronic and life-threatening conditions. The company focuses on treatments for pulmonary arterial hypertension (PAH) and other cardiovascular and respiratory diseases. Its portfolio includes pharmaceutical products and delivery systems designed to improve patient outcomes and quality of life. The company is headquartered in Silver Spring, Maryland, and its shares are listed on the NASDAQ Stock Exchange.

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